Broadcom jumps as Meta deepens multi-year custom AI silicon partnership

Broadcom Inc (AVGO) is up 3.7% today. Here is some analysis on what might have caused this price movement.

Analysis: Shares appear to be reacting to fresh news that Broadcom and Meta are extending their custom AI silicon collaboration, reinforcing investor confidence in Broadcom’s long-duration AI infrastructure revenue. The update also fits a broader narrative that hyperscalers and large AI platforms are committing to multi-year custom accelerator roadmaps built with Broadcom.

Details:

Meta announced an expanded partnership with Broadcom to co-develop custom AI silicon, positioning Broadcom’s XPU platform as a foundation for multiple generations of Meta’s AI infrastructure.

The Meta-Broadcom roadmap is described as extending through 2029, highlighting a longer planning horizon for custom accelerators and related networking needs.

Meta discussed an initial deployment sized at roughly 1 gigawatt for its MTIA program, signaling significant scale for in-house accelerator rollouts supported by Broadcom.

In a separate recent regulatory filing, Broadcom disclosed long-term custom AI chip and component supply agreements tied to large TPU-based compute deployments through 2031, which may be adding to bullish sentiment around multi-year AI visibility.

Sources:

Meta Newsroom, U.S. Securities and Exchange Commission, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$AVGO Insider Trading Activity

$AVGO insiders have traded $AVGO stock on the open market 212 times in the past 6 months. Of those trades, 1 have been purchases and 211 have been sales.

Here’s a breakdown of recent trading of $AVGO stock by insiders over the last 6 months:

HENRY SAMUELI has made 0 purchases and 26 sales selling 1,102,283 shares for an estimated $378,297,854.
HOCK E TAN (President and CEO) has made 0 purchases and 16 sales selling 300,000 shares for an estimated $101,258,091.
MARK DAVID BRAZEAL (Chief Legal & Corp Affairs Ofc) has made 0 purchases and 56 sales selling 202,411 shares for an estimated $67,505,559.
S. RAM VELAGA (President, ISG) has made 0 purchases and 21 sales selling 102,594 shares for an estimated $34,421,293.
KIRSTEN M. SPEARS (CFO & Chief Accounting Officer) has made 0 purchases and 45 sales selling 96,247 shares for an estimated $31,915,758.
CHARLIE B KAWWAS (President, SSG) has made 0 purchases and 43 sales selling 77,997 shares for an estimated $25,472,056.
JUSTINE PAGE has made 0 purchases and 3 sales selling 3,618 shares for an estimated $1,266,778.
GAYLA J DELLY sold 1,000 shares for an estimated $358,310
HARRY L. YOU purchased 1,000 shares for an estimated $325,129

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$AVGO Hedge Fund Activity

We have seen 2,127 institutional investors add shares of $AVGO stock to their portfolio, and 1,929 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 109,194,084 shares (-76.6%) from their portfolio in Q4 2025, for an estimated $37,792,072,472
CAPITAL WORLD INVESTORS removed 12,329,760 shares (-9.1%) from their portfolio in Q4 2025, for an estimated $4,267,329,936
CARDANO RISK MANAGEMENT B.V. added 11,414,701 shares (+895.2%) to their portfolio in Q4 2025, for an estimated $3,950,628,016
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC removed 6,760,351 shares (-83.7%) from their portfolio in Q1 2026, for an estimated $2,049,265,198
STATE STREET CORP added 5,040,801 shares (+2.7%) to their portfolio in Q4 2025, for an estimated $1,744,621,226
CAPITAL INTERNATIONAL INVESTORS removed 4,613,136 shares (-3.1%) from their portfolio in Q4 2025, for an estimated $1,596,606,369
INVESCO LTD. removed 4,498,768 shares (-11.5%) from their portfolio in Q4 2025, for an estimated $1,557,023,604

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$AVGO Government Contracts

We have seen $82,200,443 of award payments to $AVGO over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.

$AVGO Congressional Stock Trading

Members of Congress have traded $AVGO stock 16 times in the past 6 months. Of those trades, 7 have been purchases and 9 have been sales.

Here’s a breakdown of recent trading of $AVGO stock by members of Congress over the last 6 months:

REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 4 times. They made 3 purchases worth up to $45,000 on 12/17, 11/18, 10/17 and 1 sale worth up to $15,000 on 03/25.
REPRESENTATIVE DAVID TAYLOR has traded it 5 times. They made 2 purchases worth up to $30,000 on 02/26, 01/29 and 3 sales worth up to $45,000 on 01/16, 01/08.
REPRESENTATIVE JULIA LETLOW has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 02/12, 10/16.
SENATOR SHELLEY MOORE CAPITO purchased up to $15,000 on 02/09.
REPRESENTATIVE DAN NEWHOUSE sold up to $15,000 on 12/11.
REPRESENTATIVE LISA C. MCCLAIN has traded it 3 times. They made 1 purchase worth up to $15,000 on 10/30 and 2 sales worth up to $30,000 on 10/31, 10/30.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$AVGO Analyst Ratings

Wall Street analysts have issued reports on $AVGO in the last several months. We have seen 11 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

Wells Fargo issued a "Overweight" rating on 01/15/2026
Mizuho issued a "Outperform" rating on 01/09/2026
Bernstein issued a "Outperform" rating on 12/12/2025
Benchmark issued a "Buy" rating on 12/12/2025
Rosenblatt issued a "Buy" rating on 12/12/2025
Piper Sandler issued a "Overweight" rating on 12/12/2025
Oppenheimer issued a "Outperform" rating on 12/12/2025

To track analyst ratings and price targets for $AVGO, check out Quiver Quantitative's $AVGO forecast page.

$AVGO Price Targets

Multiple analysts have issued price targets for $AVGO recently. We have seen 22 analysts offer price targets for $AVGO in the last 6 months, with a median target of $475.0.

Here are some recent targets:

Kevin Cassidy from Rosenblatt set a target price of $500.0 on 04/07/2026
Joseph Moore from Morgan Stanley set a target price of $470.0 on 03/06/2026
William Stein from Truist Securities set a target price of $545.0 on 03/05/2026
Vivek Arya from B of A Securities set a target price of $450.0 on 03/05/2026
Cody Acree from Benchmark set a target price of $485.0 on 03/05/2026
Mark Lipacis from Evercore ISI Group set a target price of $582.0 on 03/05/2026
Mitch Steves from RBC Capital set a target price of $360.0 on 03/05/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.